New company launched to serve debt-starved marijuana companies
admin Marijuana companies looking to access the debt market to expand their business have a new lender they can turn to for funding. Trichome Yield Corp. is intended to provide debt…
News
Indiana House unanimously calls for study of medical marijuana
Published: Jan 25, 2018, 2:55 pm • Updated: Jan 25, 2018, 2:55 pm By Brian Slodysko, The Associated Press INDIANAPOLIS — Lawmakers appear destined to study the therapeutic benefits of…
Wholesale cannabis prices hit historic lows in January, but don’t blame Sessions
Published: Jan 25, 2018, 3:52 pm • Updated: Jan 25, 2018, 3:52 pm By Bruce Kennedy, The Cannabist Staff The price of a pound of legal marijuana plummeted in January,…
After sounding alarm about increased crime, Sessions credits Trump with crime rate drop in first half of 2017
Published: Jan 25, 2018, 1:46 pm • Updated: Jan 25, 2018, 1:46 pm By Glenn Kessler, The Washington Post “In 2017, we brought cases against more violent criminals than in…
Proposed Canadian medical marijuana tax could funnel patients to black market, critics warn
A proposed excise tax on medical marijuana in Canada could push even more patients to the black market and curb demand in the regulated market, executives, economists and patients told…
Alaska scrutinizing two cannabis testing labs
Two marijuana testing facilities in Alaska are being audited by a state agency amid concerns about discrepancies in potency-testing results between the sites. The state Department of Environmental Conservation’s Environmental…
California marijuana grower Canndescent closes $10M raise to boost output
Canndescent, a major California cultivation company, has closed a $10 million Series B offering to finance the launch of new products and expand its production capacity by some eightfold. The…